• West Coast and Northeast Skilled Nursing Facilities Sell

    Walker & Dunlop’s Gideon Orion has announced several recent skilled nursing sales on the West Coast and the Northeast. First, he teamed up with Tony Cassie to sell a 69-bed skilled nursing facility in Bellevue, Washington, on behalf of a family office seller. The facility could use some operational improvements. An undisclosed buyer paid... Read More »
  • Investor Acquires Community Out of Receivership  

    Fortress Investment Group acquired an assisted living/memory care community in Palm Coast, Florida, in a court-approved sale process. Built in 2018 just a mile from the Atlantic Ocean, the community features 130 units on an 11.4-acre site. There are 86 assisted living units and 22 memory care units, along with 22 “enhanced” assisted living... Read More »
  • Seniors Housing Deals Close Across Several Markets

    Coming off of a successful 2025 with 32 separate transaction closings totaling more than $900 million in volume, the Walker & Dunlop investment sales team is off to a strong start in 2026 with a number of seniors housing and healthcare real estate transactions closed in the first quarter, so far. The deals spanned several markets, and the... Read More »
  • Selectis Health Divests Two SNFs to Journey

    Selectis Health is selling two skilled nursing facilities in Georgia to the skilled nursing operator Journey. The deal included the 101-bed Glen Eagle Healthcare in Abbeville and the 100-bed Rehab and Eastman Healthcare and Rehab in Eastman. Journey-affiliated entities will purchase the pair for $15.7 million, or $78,100 per bed, subject to... Read More »
  • Sonida Closes CNL Acquisition, Reports Q4 Results

    On the same day as fourth quarter and year-end 2025 financial results were announced, Sonida Senior Living closed on its previously announced acquisition of CNL Healthcare Properties (CNL). The transaction value was approximately $1.8 billion and included a combination of cash (32%) and stock (68%). Because Sonida’s share price had risen above... Read More »
New England SNFs Struggling to Breakeven Sell

New England SNFs Struggling to Breakeven Sell

Blueprint represented a private equity investor in its divestment of a 302-bed skilled nursing portfolio in New England. The three facilities had challenged occupancies, however, they generated approximately $27 million in revenue. Inflated operating costs took its toll on EBITDAR, with the asset struggling to breakeven. Dubbed Project Red Coats, the buildings are located in the Boston, Massachusetts MSA, a strong market.  Steve Thomes, Ryan Kelly, Kory Buzin and Connor Doherty emphasized the opportunity for a new owner to focus on rate and occupancy optimization, while managing expenses and maintaining the facilities’ in-place referral network. The result was several written letters of... Read More »
Diversified Healthcare Trust’s SHOP Delivers Strong Results

Diversified Healthcare Trust’s SHOP Delivers Strong Results

Diversified Healthcare Trust (DHC) announced fourth-quarter earnings and full-year 2025 results, and its SHOP segment delivered. Same-property SHOP NOI in the fourth quarter jumped 27.6% year over year to $38 million, and full-year SHOP NOI climbed 31.3% to $129.3 million. Same property SHOP occupancy reached 82.4% in Q4, up 90 basis points from the prior year. Momentum should continue into 2026, particularly following DHC’s transition of 116 SHOP properties previously managed by AlerisLife to a roster of seven new operators.   Sinceri Senior Living and Discovery Senior Living assumed the largest shares, 38 communities with 7,299 units and 44 communities with 5,338 units,... Read More »
Lease Option Closes for High-Performing CT SNFs

Lease Option Closes for High-Performing CT SNFs

A long-time regional owner/operator looking to secure capital for future redeployment into the skilled nursing sector approached Blueprint to market two skilled nursing facilities. The high-performing assets sit 40 miles apart in southern and western Connecticut with 301 total beds. The non-union facilities were generating $4.4 million of EBITDAR on $36 million of revenues, with a combined 86% occupancy. The physical plants present well.  The offering was initially brought to market as a sale, however, the optimal offer was a lease with a purchase option. Steve Thomes, Michael Segal, Kory Buzin and Daniel Waldhorn handled the deal, which allows for assumption of the existing HUD loan if... Read More »
Not-for-Profit Acquires North Carolina Seniors Housing Portfolio

Not-for-Profit Acquires North Carolina Seniors Housing Portfolio

A few seniors housing communities in North Carolina were recently divested by a North Carolina owner/operator. The three assets total 61 independent living units and 173 assisted living and memory care beds. The independent living component was developed by the seller. The buyer, a not-for-profit with more than 30 years of experience acquiring and operating assisted living and memory care communities, is expanding its presence in the portfolio’s region. Brandon Bohland and Collin Hempfling of Senwell Senior Investment Advisors handled the deal. Read More »
Logos Living Capital Acquires Invesque Assets

Logos Living Capital Acquires Invesque Assets

Back in December, Invesque announced that it completed the sale of four seniors housing communities for $57 million. The assets sit in New Jersey and Pennsylvania and were previously part of a joint venture with Heritage Senior Living, which managed the portfolio. Invesque did not include any additional details at the time of the announcement, but it was later disclosed that Logos Living Capital was the buyer and would bring on one of its operating partners, Viva Senior Living, to manage the buildings.  The portfolio includes Heritage Hill Senior Community in Weatherly, Pennsylvania, Belle Reve Senior Living in Milford, Pennsylvania, Cardinal Village in Sewell, New Jersey, and Viva... Read More »
Strawberry Fields REIT’s 2025 Growth

Strawberry Fields REIT’s 2025 Growth

Strawberry Fields REIT reported its 2025 operating results, noting that it was the best year since its inception more than 10 year ago. The company posted significant increases in FFO and AFFO, and it completed more than $110 million in several new acquisitions. Its portfolio now includes 131 skilled nursing facilities, 10 assisted living communities and two long-term acute care hospitals totaling more than 15,600 beds in Arkansas, Illinois, Indiana, Kansas, Kentucky, Missouri, Ohio, Oklahoma, Tennessee and Texas.  FFO totaled $79.6 million in 2025, up 32.2% from 2024’s $60.2 million. Net income also increased, rising $6.8 million year over year, driven largely by a 32.4% increase in... Read More »